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Promise fulfilled, Zuckerberg and Chan (wife) did with their new-born daughter Max

Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, are moving forward with their promise to give away most of their wealth to fund philanthropic causes. Finally, they reviled the figure they planned to donate to philanthropic efforts.

In December 2015, Zuckerberg and Chan said they planned to donate majority of their Facebook shares to philanthropic efforts throughout their lifetime. The announcement was part of a letter to their new-born daughter Max, and the couple created a limited liability company called the Chan Zuckerberg Initiative. At the time, the gift was worth about $45 billion.

In June, the Chan Zuckerberg Initiative made its first investment in Andela, a New York start up that trains software developers in Africa. Andela raised $24 million in Series B funding, a round that was led by the initiative.

In June, the Chan Zuckerberg Initiative made its first investment in Andela, a New York start up that trains software developers in Africa. Andela raised $24 million in Series B funding, a round that was led by the initiative.

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JOHANNESBURG, SOUTH AFRICA – JANUARY 18: AB de Villiers of South Africa hits another six during the 2nd Momentum ODI between South Africa and West Indies at Bidvest Wanderers Stadium on January 18, 2015 in Johannesburg, South Africa. (Photo by Duif du Toit/Gallo Images/Getty Images)